This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Best-Performing IPOs of 2010

BOSTON ( TheStreet) -- General Motors' (GM) initial public offering hogged the headlines, but other initial share sales made investors more money -- doubling returns in some cases.

The average IPO in 2010 has increased 24% from its offer price, according to Renaissance Capital. That's better than last year's 16% gain and a decline of 27% in 2008, when the global economic crisis bore down. The benchmark S&P 500 Index has risen 13% so far this year.

A total of 154 IPOs have been priced in 2010, a 144% increase from 2009. More than $38 billion in proceeds have been raised, a 76% jump from last year.

Some IPOs have rewarded investors with outsized returns, well above average. TheStreet examined the highest-returning IPOs this year, using data provided by iMetrix.


10. JinkoSolar Holding (JKS)

Company Profile: JinkoSolar is a China-based maker of solar products, including silicon wafers, solar cells and solar modules.

IPO Date: May 13

Offer Price: JinkoSolar offered 5.8 million shares at $11 per share

Return Since IPO: 103%

Analyst Consensus: Among Wall Street analysts covering the stock, four rate JinkoSolar a "buy." One research firm says investors should hold shares, while another recommends JinkoSolar as a "sell."

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

1 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
BSFT $35.11 0.00%
MCP $0.56 0.00%
QLIK $37.24 0.00%
RP $18.87 0.00%
YOKU $30.75 0.00%

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs